Business

U.S. stocks dipped on Monday as initial gains vanished, as did a brief rebound in crude oil prices. Brent LCOc1 and U.S. crude CLc1 had briefly rebounded after having hit fresh 5-1/2 year lows earlier in the day, only to...

Nigeria's consumer price inflation fell for a third month in November as food price rises slowed again, shrugging off weakness in the naira currency that threatens to push up living costs ahead of next year's election. The statistics bureau said...

After leading the U.S. economic recovery out of recession, some of the nation's top oil states are showing early signs of a slowdown as a result of the plunge in crude prices. In Houston, Texas, the first oil industry layoffs...

Nigeria's two main oil worker unions will begin an indefinite nation-wide strike starting on Dec. 15, the unions said on Sunday. The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) and Nigeria Union of Petroleum and Natural Gas...

Oil producers group OPEC can ride out a slump in oil prices and keep output unchanged, its head said on Sunday, arguing market weakness did not reflect supply and demand fundamentals and could have been driven by speculators. Speaking at...

Civil rights leader Reverend Al Sharpton will meet next week with Sony Pictures Entertainment Co-Chairman Amy Pascal and decide whether her emails about President Barack Obama's race warrant calling for her resignation. Pascal is under pressure after her private emails...

China's Tencent Holdings Ltd (0700.HK) has been given approval to start its banking operations, the banking regulator said, making the internet firm the first of five recently approved private banks to open its doors to clients. The launch of Tencent's...

A trillion dollar deal at the World Trade Organization to reduce tariffs in the vast information technology sector will stand or fall in the next 24 hours, trade diplomats said on Thursday. But late on Thursday one trade official involved...

U.S. stock index futures fell on Friday, putting the benchmark S&P 500 on track to snap seven weeks of gains, after oil prices fell and Chinese data disappointed. The S&P index had snapped a three-day skid on Thursday, buoyed by...

Oil prices are likely to come under further downward pressure, the International Energy Agency said on Friday, as it cut its outlook for demand growth in 2015 and predicted healthy non-OPEC supply gains would aggravate a global oil glut. The...